Tether’s USDT minting on Ethereum hits $1B, signaling stablecoin dominance

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Late last night, Tether, the world’s largest stablecoin issuer, minted another billion USDT tokens on the Ethereum network. According to Tether CTO Paolo Ardoino, this is part of an “inventory replenish” and will be used to meet the next period of issuance requests and chain swaps. As the most popular stablecoin in the crypto industry, USDT is pegged 1:1 to the United States dollar and is widely used to facilitate

Lebanese residents are currently actively making crypto payments

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As hyperinflation grips Lebanon, citizens have turned to decentralized mechanisms such as cryptocurrencies to help them survive in the long run. Lebanese citizens have begun to accept digital cryptocurrency payments, which have now become an essential part of their daily life. According to a recent CNBC story, Lebanese citizens have embraced cryptocurrency in an effort to counteract the country’s long-standing hyperinflation. The country is now accepting USDT payments and is

McDonald’s starts to accept Bitcoin (BTC) and Tether (USDT) in Lugano in Switzerland

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McDonald’s began started to accept Bitcoin (BTC) as a form of payment in the city of Lugano, which is a hub for cryptocurrency adoption in Western Europe and is located in the Italian-speaking area of Switzerland. On October 3, Bitcoin Magazine posted a one-minute video to Twitter showcasing the ordering of food at a McDonald’s digital kiosk and the payment of that item using a mobile app at the store’s